Buchan Oil and Gas Field (United Kingdom)
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Buchan Oil and Gas Field is an in development oil and gas field in United Kingdom.
Project Details
Main Data
Table 1: Field-level project details for Buchan Oil and Gas Field
| Unit name | Status | Operator | Owner | Discovery year | FID* year | Production start year |
|---|---|---|---|---|---|---|
| Buchan | In development[1] | Jersey Oil and Gas[2] | Jersey Oil and Gas (50.0%); Neo Energy (50.0%)[3] | 1974[4] | 2024 (expected)[5] | 2025 (expected)[6] |
Production and Reserves
Table 2: Reserves of Buchan Oil and Gas Field
| Fuel Description | Reserve Classification | Quantity | Units | Data Year | Source |
|---|---|---|---|---|---|
| oil | P50 Prospective Resources | 120 | million bbl | 2021 | [7] |
Table 3: Production from Buchan Oil and Gas Field
| Category | Fuel Description | Quantity | Units | Data Year | Source |
|---|---|---|---|---|---|
| cumulative production | oil | 147 | million bbl | 2021 | [8] |
| production design capacity | oil | 11.68 | million bbl/y | 2026 | [9] |
| production design capacity | gas | 1460 | million m³/y | 2026 | [9] |
Location
Table 4: field-level location details for Buchan Oil and Gas Field
| Concession/Block | Location | Coordinates (WGS 84) |
|---|---|---|
| 20/5a, 20/5e, and 21/1a[10] | Offshore, United Kingdom[1] | 57.7431, -0.0557 (exact)[1] |
The map below shows the exact location of the field:
Background
Buchan oil field was discovered in 1974 and brought into production by BP in 1981. Production stopped in May 2017 because the floating production vessel (FPV) reached its end life, and the FPV and associated infrastructure were being decommissioned as of March 2020.[11][12] The original development produced 147.8 MMbbl of oil and 36.5 bcf of gas from 1981 until 2017.[13][14][15] In 2019, after conducting a seismic survey, Jersey Oil and Gas (JOG) submitted an application for a redevelopment license, and in July 2019 was awarded a 100% working interest and operatorship of the Buchan oil field.[15][16]
The development cost is expected to be $1.4 billion USD.[16]
As of 2021, FID was expected to be reached in 2022.[16] Production is expected to start in late 2025 and continue until 2047.[16][15]
Buchan field covers three license blocks: 20/5a, 20/5e, and 21/1a,[11] and is operated on the P2498 license.[15]
Articles and Resources
Additional data
To access additional data, including an interactive map of oil and gas extraction sites, a downloadable dataset, and summary data, please visit the Global Oil and Gas Extraction Tracker on the Global Energy Monitor website.
References
- ↑ 1.0 1.1 1.2 https://web.archive.org/web/20230423235407/https://www.carbonbrief.org/factcheck-can-new-uk-oil-and-gas-licences-ever-be-climate-compatible/. Archived from the original on 23 April 2023.
{{cite web}}: Missing or empty|title=(help) - ↑ (PDF) , https://www.offshore-technology.com/marketdata/buchan-redevelopment-conventional-oil-field-uk/ , https://irp.cdn-website.com/ee6f4b7e/files/uploaded/NSR667_20220223.pdf https://www.youtube.com/watch?v=08LqgkB5WPI&t=18s , https://www.offshore-technology.com/marketdata/buchan-redevelopment-conventional-oil-field-uk/ , https://irp.cdn-website.com/ee6f4b7e/files/uploaded/NSR667_20220223.pdf.
{{cite web}}: Check|url=value (help); Missing or empty|title=(help) - ↑ https://web.archive.org/web/20230704132117/https://www.upstreamonline.com/exploration/uk-oil-and-gas-independent-secures-crucial-north-sea-licence-extension/2-1-1480162. Archived from the original on 04 July 2023.
{{cite web}}: Check date values in:|archive-date=(help); Missing or empty|title=(help) - ↑ , https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/971616/ENVIRONMENTAL_APPRAISAL_-_BUCHAN___HANNAY_DECOMMISSIONING_03.pdf , https://doi.org/10.1144/M52-2018-11 https://www.offshore-technology.com/marketdata/buchan-redevelopment-conventional-oil-field-uk/ , https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/971616/ENVIRONMENTAL_APPRAISAL_-_BUCHAN___HANNAY_DECOMMISSIONING_03.pdf , https://doi.org/10.1144/M52-2018-11.
{{cite web}}: Check|url=value (help); Missing or empty|title=(help) - ↑ https://web.archive.org/web/20230607203039/https://www.offshore-mag.com/field-development/article/14294886/jog-gets-more-time-to-finalize-north-sea-buchan-redevelopment-plan. Archived from the original on 07 June 2023.
{{cite web}}: Check date values in:|archive-date=(help); Missing or empty|title=(help) - ↑ , https://app.powerbi.com/view?r=eyJrIjoiZjI0MTYzMmQtODRiYy00ZmIwLTgwZWUtM2E2NmUyNTIxZmI0IiwidCI6ImU2ODFjNTlkLTg2OGUtNDg4Ny04MGZhLWNlMzZmMWYyMWIwZiJ9 https://www.youtube.com/watch?v=08LqgkB5WPI&t=18s , https://app.powerbi.com/view?r=eyJrIjoiZjI0MTYzMmQtODRiYy00ZmIwLTgwZWUtM2E2NmUyNTIxZmI0IiwidCI6ImU2ODFjNTlkLTg2OGUtNDg4Ny04MGZhLWNlMzZmMWYyMWIwZiJ9.
{{cite web}}: Check|url=value (help); Missing or empty|title=(help) - ↑ https://youtu.be/08LqgkB5WPI?t=195.
{{cite web}}: Missing or empty|title=(help) - ↑ (PDF) https://web.archive.org/web/20230227132613/https://www.spe-aberdeen.org/wp-content/uploads/2020/10/Wednesday-Jersey-Oil-Gas.pdf. Archived from the original (PDF) on 27 February 2023.
{{cite web}}: Missing or empty|title=(help) - ↑ 9.0 9.1 https://web.archive.org/web/20230322150547/https://www.offshore-technology.com/marketdata/buchan-redevelopment-conventional-oil-field-uk/. Archived from the original on 22 March 2023.
{{cite web}}: Missing or empty|title=(help) - ↑ , https://doi.org/10.1144/M52-2018-11, https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/971616/ENVIRONMENTAL_APPRAISAL_-_BUCHAN___HANNAY_DECOMMISSIONING_03.pdf, https://www.offshore-technology.com/marketdata/buchan-redevelopment-conventional-oil-field-uk/, https://irp.cdn-website.com/ee6f4b7e/files/uploaded/NSR667_20220223.pdf, https://itportal.nstauthority.co.uk/information/licence_reports/offshorebyblock.html https://www.repsolsinopecuk.com/operations#Buchan , https://doi.org/10.1144/M52-2018-11, https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/971616/ENVIRONMENTAL_APPRAISAL_-_BUCHAN___HANNAY_DECOMMISSIONING_03.pdf, https://www.offshore-technology.com/marketdata/buchan-redevelopment-conventional-oil-field-uk/, https://irp.cdn-website.com/ee6f4b7e/files/uploaded/NSR667_20220223.pdf, https://itportal.nstauthority.co.uk/information/licence_reports/offshorebyblock.html.
{{cite web}}: Check|url=value (help); Missing or empty|title=(help) - ↑ 11.0 11.1 Repsol Sinopec Resources UK Limited (March 2020). "BUCHAN AND HANNAY DECOMMISSIONING PROJECT ENVIRONMENTAL APPRAISAL" (PDF). UK Publishing Office. Retrieved August 31, 2022.
{{cite web}}: CS1 maint: url-status (link) - ↑ "Operations - Repsol Sinopec". Repsol Sinopec Resources Limited. Retrieved 2022-08-31.
- ↑ Wynn, T (2020). "The Buchan Field, Blocks 20/5a and 21/1a, UK North Sea". Geological Society. 52.
- ↑ Khanna, Mohit. "Redevelopment of Buchan Field" (PDF). Society of Petroleum Engineers, Aberdeen Section. Retrieved August 31, 2022.
{{cite web}}: CS1 maint: url-status (link) - ↑ 15.0 15.1 15.2 15.3 Cite error: Invalid
<ref>tag; no text was provided for refs named:3 - ↑ 16.0 16.1 16.2 16.3 "Buchan Redevelopment Conventional Oil Field, UK". Offshore Technology. April 28, 2022. Retrieved August 31, 2022.
{{cite web}}: CS1 maint: url-status (link)
